Arrow Electronics, Inc. $ARW Shares Sold by Vestcor Inc

Vestcor Inc trimmed its stake in Arrow Electronics, Inc. (NYSE:ARW) by 85.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 720 shares of the technology company’s stock after selling 4,143 shares during the quarter. Vestcor Inc’s holdings in Arrow Electronics were worth $79,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Arrow Electronics by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,122,857 shares of the technology company’s stock worth $674,616,000 after acquiring an additional 37,417 shares during the last quarter. ACR Alpine Capital Research LLC grew its position in shares of Arrow Electronics by 42.6% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,445,593 shares of the technology company’s stock valued at $379,635,000 after purchasing an additional 1,028,778 shares during the period. AQR Capital Management LLC grew its position in shares of Arrow Electronics by 37.7% in the third quarter. AQR Capital Management LLC now owns 3,185,582 shares of the technology company’s stock valued at $384,818,000 after purchasing an additional 871,585 shares during the period. Earnest Partners LLC grew its position in shares of Arrow Electronics by 0.3% in the third quarter. Earnest Partners LLC now owns 1,479,482 shares of the technology company’s stock valued at $179,017,000 after purchasing an additional 5,068 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Arrow Electronics by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 1,081,122 shares of the technology company’s stock valued at $119,928,000 after purchasing an additional 8,276 shares during the period. 99.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Eric Nowak sold 3,473 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $210.99, for a total value of $732,768.27. Following the completion of the sale, the insider owned 48,835 shares of the company’s stock, valued at $10,303,696.65. This represents a 6.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carine Lamercie Jean-Claude sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $216.00, for a total value of $648,000.00. Following the completion of the sale, the senior vice president directly owned 12,626 shares of the company’s stock, valued at $2,727,216. The trade was a 19.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.80% of the stock is owned by corporate insiders.

Arrow Electronics Price Performance

ARW stock opened at $215.95 on Thursday. The stock has a 50-day moving average price of $191.74 and a two-hundred day moving average price of $150.85. Arrow Electronics, Inc. has a 12-month low of $101.79 and a 12-month high of $233.30. The company has a current ratio of 1.24, a quick ratio of 1.02 and a debt-to-equity ratio of 0.35. The company has a market cap of $11.04 billion, a PE ratio of 15.45 and a beta of 1.19.

Arrow Electronics (NYSE:ARW) last issued its earnings results on Thursday, May 7th. The technology company reported $5.22 earnings per share for the quarter, topping the consensus estimate of $2.92 by $2.30. Arrow Electronics had a return on equity of 11.40% and a net margin of 2.17%.The company had revenue of $9.47 billion during the quarter, compared to the consensus estimate of $8.39 billion. During the same quarter in the prior year, the business earned $1.80 earnings per share. The company’s revenue was up 39.0% compared to the same quarter last year. Arrow Electronics has set its Q2 2026 guidance at 4.32-4.520 EPS. As a group, research analysts predict that Arrow Electronics, Inc. will post 19.15 EPS for the current year.

Arrow Electronics announced that its Board of Directors has authorized a stock buyback program on Wednesday, May 13th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to buy up to 9.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

ARW has been the subject of a number of recent analyst reports. Bank of America raised Arrow Electronics from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $122.00 to $233.00 in a research report on Wednesday, May 13th. Truist Financial lifted their price objective on Arrow Electronics from $240.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. Wells Fargo & Company lifted their price objective on Arrow Electronics from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Friday, May 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $220.00 price objective on shares of Arrow Electronics in a research report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Arrow Electronics in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $219.50.

Arrow Electronics Company Profile

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.